---
title: "Trust account statement to the person for whom money is held"
url: "https://ailawframework.com/precedents/trust-accounting-and-handling-client-money/trust-account-statement"
type: "precedent"
site: "AI Law Framework"
id: "a41-trust-account-statement"
area_id: "A41"
kind: "letter"
ai_level: "yellow"
version: 1
task_ids: ["A41-T1-R1", "A41-A20260923-3"]
law_stated_as_at: "2026-10-22"
---

# Trust account statement to the person for whom money is held

> Statement of trust money received, paid and still held for one person, for one ledger, given at the end of the matter, on request, or after 30 June.

Canonical page: https://ailawframework.com/precedents/trust-accounting-and-handling-client-money/trust-account-statement  
Law stated as at: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

- Kind: Letter. A letter or email you adapt and send.
- Practice area: [Trust accounting & handling client money](https://ailawframework.com/precedents/trust-accounting-and-handling-client-money.md)
- Jurisdictions: New South Wales, Western Australia
- AI level: Yellow. You and the tool draft together, with you directing. You check every statement you rely on.
- Law stated as at: 2026-10-22
- Status: Maintained. Checked on 2026-10-22 against the 4 authorities it cites, for New South Wales and Western Australia.

## When to use it

Use when rule 52 requires a trust account statement for money held in a general trust account, a controlled-money record, or a power. Do not use it for transit money or written-direction money, or where rule 52(5) or rule 53 says no statement is required.

## Used for these tasks

- [Reconcile the trust ledger to the bank and the matter files](https://ailawframework.com/obligations/trust-accounting-and-handling-client-money/reconcile-the-trust-ledger-to-the-bank-and-the-matter-files.md)
- [Prepare a trust-inspection pack from the ledgers and authorities](https://ailawframework.com/obligations/trust-accounting-and-handling-client-money/prepare-a-trust-inspection-pack-from-the-ledgers-and-authorities.md)

## How AI may be used

AI may lay out the statement from a ledger export. A principal checks every figure against the trust ledger before the statement is sent.

**AI may:**

- Turn a supplied ledger export into the receipt and payment lines below
- Flag a ledger that had a transaction in the year and has not had a statement since 30 June

**AI must not:**

- Must not round, estimate or reconstruct a figure that is not in the export
- Must not send the statement
- Must not omit a payment because it was a costs transfer

**The lawyer checks:**

- Opening balance, each line and the closing balance match the trust ledger
- A statement is due under rule 52(4), and neither rule 52(5) nor a rule 53 direction removes the duty
- A copy is kept with the trust records

## Authorities

- [Legal Profession Uniform General Rules 2015 (NSW) r 52 (when a trust account statement is given, what it contains, and the copy to keep)](https://classic.austlii.edu.au/au/legis/nsw/consol_reg/lpugr2015372/s52.html)
- [Legal Profession Uniform General Rules 2015 (NSW) r 53 (commercial or government clients may direct a different basis, or that no statement be given)](https://classic.austlii.edu.au/au/legis/nsw/consol_reg/lpugr2015372/s53.html)
- [Legal Profession Uniform Law (NSW) s 138(3) (account for trust money as the Uniform Rules require)](https://classic.austlii.edu.au/au/legis/nsw/consol_act/lpul333/s138.html)
- [Legal Practice Board of Western Australia, Trust account management (rule 52 statement timing)](https://www.lpbwa.org.au/trust-account-management)

## Full text and drafting notes

The full text and the drafting notes are not part of this public page. Signed-in firm accounts can read them at https://ailawframework.com/precedents/trust-accounting-and-handling-client-money/trust-account-statement and through the signed-in MCP connector https://ailawframework.com/mcp/firm.

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*